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It's proven to be very, very useful for anonymous blackmail à la Cryptolocker. Also quite useful for buying all sorts of contraband, from guns to drugs.
by nikanj 7y ago
It's proven to be very, very useful for anonymous blackmail à la Cryptolocker. Also quite useful for buying all sorts of contraband, from guns to drugs.
- tim333 7y agoAlso as Warren Buffett put it: "It’s a gambling device… there’s been a lot of frauds connected with it. There’s been disappearances, so there’s a lot lost on it. Bitcoin hasn’t produced anything." But it's a good gambling device and people like to gamble. I both think it's kind of nuts and hold a few bitcoins.
- Lordarminius 7y agoWarren Buffet is biased and ignorant. I'd give an arm to hear what he said about Google, FB and other dotcoms when he passed on investing in the 2000's
- tim333 7y agoHe's always used to say he didn't understand tech and was sticking to things he understood. Which has served him well though he now is invested in Apple and regrets missing Amazon.